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  • May 23rd, 2023 S&P 500 Predictions

    Day’s Theme: A period of volatility with a sharp drop that stands out within that period of volatility. This behavior is somehow nullified, however. Behavior Around the High: An unexpected move to reach the high. Behavior Around the Low: A rally that starts within the low. Trade Opportunities: I’m advised to trade around a fast, sudden move higher on a one-day chart. Overview On May 23rd, there’s a notable decline that stands out on a one-day chart. Right around the open, there’s either a holding pattern with a pop and drop or congress is highlighted. In the first half hour, there’s a high for the day at a failed attempt to break through key resistance followed by a sharp decline around 9:50 a.m. We’ll establish support and then have another prominent move higher between roughly 10:00 a.m. and 11:00 a.m. creating an overbought crest or peak. We’ll sell off from that crest or peak through multiple support levels into the noon hour. There’s either an agreement between two leaders highlighted or a prominent move higher followed by a full retracement back down midday. There’s an important resistance level highlighted between 2:00 p.m. and 3:00 p.m. Off of that resistance level, there’s a significant move to the downside which takes us into a day’s low between 2:00 p.m. and the close. Out of that low, there’s a rally to the upside into a key resistance level on a one-day chart. We’ll then break down with consecutively lower spikes up on the way down somewhere between 2:00 p.m. and the close. Around the close, there’s a notable move out of a decline from the bottom of a range to the top of a range. That’s followed by another decline that increases with momentum moving into the close and into the post-market. Sneak Preview On May 24th, we’ll open notably higher. #QueenofSwords #8ofWands #XVIITheStar #9ofWands #XXITheUniverse #5ofSwords #9ofDisks #VITheLovers #9ofSwords #5ofWands #5ofDisks #PrinceofCups #VTheHierophant #XIXTheSun #7ofSwords #XILust

  • May 22nd, 2023 S&P 500 Predictions

    Day’s Theme: A period of sideways rotation that ends with a fast, sudden move higher. Behavior Around the High: A sideways-fluctuating rally that precedes a decline. Behavior Around the Low: A significant cash out opportunity at the low. The low is on at least a one-day scale. Trade Opportunities: A fast, sudden move higher in the afternoon offers an opportunity to open a short position. Overview On May 22nd, there’s a lot of price change after an important multi-day support is met in the pre-market. A high will form around the open or in the first half hour when a rally increases with momentum moving forward into an important price level. There’s a speech midmorning around 9:45 a.m. that’s trustworthy. We’ll see sideways rotation out of the open. We’ll rise to meet the nearest critical resistance and then fall back down to continue rotating sideways along key support. We’ll continue rotating along support between roughly 10:00 a.m. and 11:00 a.m. A key technical resistance level is highlighted between roughly 11:00 a.m. and noon. There’s a move to the downside into a trough around noon. There’s then a fast, sudden move higher out of that trough that will take us to a resistance level that we’ve met several times before. There’s a low somewhere between noon and 2:00 p.m. That’s followed by a fast, sudden move higher that ends a period of sideways rotation. That move higher offers an opportunity to open a short position. We’ll then have a full retracement of that move higher after meeting resistance briefly and then breaking back down. Right around the close we’ll have another low. #KnightofDisks #3ofSwords #VIITheChariot #10ofDisks #AceofDisks #3ofDisks #2ofDisks #AceofSwords #ITheMagus #9ofSwords #XIVArt #XIITheHangedMan #PrinceofDisks #PrinceofWands #PrincessofDisks #PrinceofSwords #6ofSwords

  • May 18th, 2023 S&P 500 Predictions

    Day’s Theme: Some price swinging or back and forth price behavior. Behavior Around the High: Bullish price swings, however that behavior is nullified. Behavior Around the Low: An important price level at the low. Trade Opportunities: I’m advised to trade around a failed attempt to break through key resistance. Overview On May 18th, there’s a bit of volatility and a sharp drop in the pre-market. We’ll revisit a support level at the open that we recently met before. There’s a sideways S-formation somewhere within that decline in the first half hour. Around 10:25 a.m., there’s a big move higher reaching for distant resistance. We’ll fail to break through that resistance and then decline pretty notably into lows midday. There’s an overbought crest or peak between roughly noon and 1:00 p.m. that we’ll sell off from. We’ll go from a significant decline into a fast, sudden move higher between roughly 2:00 p.m. and 3:00 p.m. That’s followed by another fast, sudden move higher where we’ll bump up against resistance multiple times and then decline in the post-market. Sneak Preview On the 19th, we’ll open higher at what is probably a new local high. #XIVArt #5ofCups #2ofWands #QueenofCups #XILust #9ofSwords #10ofCups #0TheFool #8ofWands #9ofDisks #XVIIITheMoon #IXTheHermit #AceofSwords #PrinceofCups #3ofCups

  • May 17th, 2023 S&P 500 Predictions

    Day’s Theme: An unexpected move higher out of a decline. Behavior Around the High: Three pokes through the same price level followed by a sharp decline. Behavior Around the Low: A crest on a one-day chart that we’ll sell off pretty notably from on a one-day scale. Trade Opportunities: I’m advised to trade around a decline that offers an opportunity to open a long position. Both the high and the low mark significant trade opportunities on a one-day scale. Overview On May 17th, I would first close a short position from the prior day at the open. We’ll have a move to the upside that’s followed by a retracement, so we’ll probably open higher in the pre-market. We’ll move to the upside and then have a retracement back down through multiple support levels around the open. There’s either a pop and drop with congress highlighted or a holding pattern with a pop and drop in the first half hour. That’s followed by a rally that takes us to a failed attempt to break through key resistance. We’ll then turn around and decline through key support. Out of that decline, we establish support, and then there’s a big move to the upside that stands out on a one-day chart. After that move to the upside, we’ll establish support again at a higher level. After the move higher that’s around 1:45 p.m., we’ll decline to meet a support level that we recently met. There’s a rally out of the low along a diagonal trend line followed by a fast, sudden move higher. We’ll then turn around and decline through that diagonal trend line with increasing volatility on the way down. Sneak Preview On the 18th, we’ll likely open lower. If we don’t open lower, we’ll decline pretty quickly in the pre-market with a sharp drop. #XVIITheStar #AceofCups #3ofSwords #KnightofDisks #XIVArt #VTheHierophant #5ofSwords #PrinceofCups #9ofDisks #10ofDisks #IXTheHermit #KnightofWands #PrinceofDisks #10ofSwords #XVITheTower #6ofSwords #QueenofSwords

  • May 16th, 2023 S&P 500 Predictions

    Day’s Theme: There’s a significant peak that stands out on at least a one-day chart but probably a multi-day chart. That peak forms when we break through resistance, stay above it briefly, and then break back down through the same price level shortly thereafter. Behavior Around the High: Off of the high, there’s a pretty notable move to the downside. Behavior Around the Low: Around the low, we’re at the bottom of a range, however that doesn’t hold. Trade Opportunities: An opportunity to open a long position for a day trade in the midst of a drop in the morning. I’m advised to close that position around 1:30 p.m. An opportunity to open a short position in the midst of a breakout on a one-day chart around 2:00 p.m. Overview On May 16th, there’s a bit of a decline in the morning. There’s a sharp drop around noon. In the midst of that drop, there’s an opportunity to open up a long position for a day trade. I would close that position around 1:30 p.m. if not a bit sooner. I would open up a short position in the midst of a breakout on a one-day chart around 2:00 p.m. There’s some volatility around a resistance level and then a breakout into a crest or peak and a prominent resistance level. We’ll have some price swings in the last hour. Right around the close, there’s a sharp drop that stands out within a period of volatility. There’s some erratic behavior in the post-market. Sneak Preview On May 17th, there’s a rally along a diagonal trend line at some point where we break through horizontal resistance to meet a secondary resistance level. We’ll then pull back to somewhere between those two price levels. #3ofCups #7ofWands #XVIIITheMoon #QueenofSwords #2ofDisks #4ofSwords #XXTheAeon #VIITheChariot #VITheLovers #PrinceofWands #AceofSwords #2ofWands #6ofCups #PrinceofDisks #10ofWands #PrincessofSwords #QueenofWands

  • May 15th, 2023 S&P 500 Predictions

    Day’s Theme: The theme is nullified. In other words, there isn’t a correlation to anything. Behavior Around the High: An easily missed opportunity at a brief peak. Behavior Around the Low: The reestablishment of support. Trade Opportunities: I’m advised to trade around an unexpected move to the upside that will stand out on a one-day chart. An opportunity to open a long position in the midst of a sideways-fluctuating decline. There’s a trade opportunity around the close. Overview On May 15th, there’s a U-shaped dip that forms near the intersection of two perpendicular trend lines. We’re bound by a range on a one-day chart around the open or in the first half hour. There’s a bit of a rally in the first half hour that offers an opportunity to open a short position. We’ll peak through resistance, stay above it briefly, and then break back down through the same price level. That’s followed by a notable decline from a high to a low. The high and the low will be around the middle part of the day. The low will be at an important technical price level. We’ll go from a high, down to a low, and back to a high to reach for distant resistance between noon and 2:00 p.m. There’s a peak followed by a decline through multiple support levels between roughly 2:00 p.m. and 3:00 p.m. Around 3:00 p.m., there’s an opportunity to open a long position in the midst of a sideways-fluctuating decline. Right around the close, we’ll see a notable move on a one-day scale from the bottom of a range to the top of a range. There’s a trade opportunity at the close. In the post-market, we’ll decline to a support level that we recently met once before. Sneak Preview On May 16th, we’ll most likely open higher at a crest or peak and then break down shortly thereafter. #IVTheEmperor #XVIITheStar #8ofCups #IITheUniverse #6ofSwords #PrincessofWands #3ofCups #AceofSwords #XILust #10ofSwords #IIITheEmpress #IXTheHermit #10ofWands #4ofDisks #XVIIITheMoon #4ofCups

  • May 12th, 2023 S&P 500 Predictions

    Day’s Theme: A period of sideways rotation ending with a fast, sudden move higher. Behavior Around the High: There’s a notable opportunity on a multi-day chart around the high. Behavior Around the Low: Behavior around the low is nullified. Trade Opportunities: I’m advised to trade around a breakout on a one-day scale. An opportunity to open a short position in the first half hour. Overview On May 12th, we’ll open lower and then rally in the pre-market. That rally ends with a breakdown through a key support level on a one-day scale that takes us to a low around the open. Out of a decline around the open, there’s a big move higher on a one-day scale that takes us to a price level at a day’s high. We’ll have three pokes through that price level with the first poke in the first half hour. There’s an opportunity to open a short position there. We’ll decline through multiple support levels between 10:00 a.m. and 11:00 a.m. Between roughly 11:00 a.m. and noon, there’s a notable move to the upside. There’s a bit of a price swing and then we decline from a peak or crest sometime around noon. You could close a short position and open a long position there. Roughly around 1:00 p.m. or 2:00 p.m., there’s a fast, sudden move higher that marks the end of that decline. There’s a sideways holding pattern between 2:00 p.m. and 3:00 p.m. with a pop and drop. In the last hour, there’s a significant move higher. We’ll rally along a diagonal trend line and break through horizontal resistance to meet a second resistance level before falling back to somewhere between those two price levels. We’ll sell off from a crest or peak through multiple support levels in the post-market. #KnightofDisks #6ofWands #0TheFool #QueenofWands #8ofDisks #AceofWands #7ofDisks #ITheMagus #IIITheEmpress #KnightofCups #VITheLovers #3ofDisks #9ofCups #7ofSwords #7ofCups #2ofDisks #PrincessofSwords

  • May 11th, 2023 S&P 500 Predictions

    Day’s Theme: An important resistance level that’s highlighted. There’s also an opportunity to play the market in both directions. Behavior Around the High: A period of volatility and a sharp drop that stands out within that period of volatility. Behavior Around the Low: Out of a decline, there’s a notable move on a one-day chart from the bottom of a range to the top of a range. Trade Opportunities: I’m advised to trade around a notable move higher that stands out on a one-day chart. There’s a key resistance level highlighted around the open and a trade opportunity around that resistance level to open a short position and/or close the long position from the prior day. You could close that short position in the midst of a day’s low between 11:00 a.m. and noon. After closing that short position, you could open a long position and close that long position in the midst of a move to the upside toward the end of the day. Overview On May 11th, we’ll open higher in the pre-market. There’s a rally that either ends in the pre-market or around the open. There’s a key resistance level highlighted around the open and a trade opportunity around that resistance level to open a short position and/or close the long position from the prior day. You could close that short position in the midst of a day’s low between 11:00 a.m. and noon. After closing that short position, you could open a long position and close that long position in the midst of a move to the upside toward the end of the day. There’s a significant move from the bottom of a range to the top of a range around noon. Midday, there’s a period of sideways rotation and a sharp dip that stands out within that period of sideways rotation. There’s some price swings between 12:00 p.m. and 2:00 p.m. We may have another significant low after a decline that increases with momentum moving forward in time. We’ll have a significant low around 2:45 p.m. or 3:00 p.m. That’s followed by a rally to meet a key resistance level in the last hour. We’ll be in overbought territory at a crest or peak around the close. We’ll sell off from that crest or peak through multiple support levels moving into the post-market. Sneak Preview On May 12th, we’ll open lower and break down through a significant support level on a one-day scale. #PrincessofSwords #XIXTheSun #QueenofCups #10ofCups #4ofWands #AceofSwords #ITheMagus #PrincessofCups #QueenofDisks #XVTheDevil #PrinceofCups #5ofWands #4ofDisks #7ofWands #9ofWands #2ofDisks #XIITheHangedMan

  • May 10th, 2023 S&P 500 Predictions

    Day’s Theme: A significant move higher in the face of seemingly overwhelming headwinds that stands out on at least a one-day chart. Behavior Around the High: The highest high is nullified. In other words, the chart behavior around the high is irrelevant. Behavior Around the Low: A sharp drop that stands out within a period of volatility. Trade Opportunities: An opportunity to open a long position in the midst of a decline between 2:00 p.m. and 3:00 p.m. You could close that long position at the close or hold it until the following day for a swing trade. Overview On May 10th, we’ll likely open lower and rally along a diagonal trend line in the pre-market. We’ll break through horizontal resistance, bump up against another resistance, and then pull back to somewhere between those two price levels. There’s a pretty significant drop through multiple support levels around the open. There’s a resistance level that’s highlighted in the first half hour that we’ve come up against many times before. We’ll fail to break through that resistance level. There’s an opportunity to open a long position in the midst of a decline between 2:00 p.m. and 3:00 p.m. That decline precedes a fast, sudden move higher. There’s a pop and drop between noon and 2:00 p.m. and we’re bound by the upper end of a range around 2:00 p.m. There’s a significant move higher out of a decline toward the end of the day. Sneak Preview On May 11th, we’ll open higher and establish support on a one-day chart. That’s followed by a big move higher on a one-day chart. #7ofSwords #4ofSwords #3ofDisks #XILust #QueenofWands #9ofSwords #PrincessofWands #VITheLovers #KnightofCups #10ofWands #IIITheEmpress #10ofWands #PrinceofCups #7ofDisks #QueenofSwords #7ofCups #9ofDisks

  • May 9th, 2023 S&P 500 Predictions

    Day’s Theme: An important price level on at least a one-month scale. Behavior Around the High: An intentional fake out or shake out around the high. Behavior Around the Low: A significant drop on a one-day scale into the low. Trade Opportunities: I’m advised to trade around a move higher out of a decline in the face of seemingly overwhelming headwinds. Overview On May 9th, there’s a breakout on a one-day scale in the pre-market with a rally along a diagonal trend line. We’ll break through horizontal resistance to meet a secondary resistance before pulling back to somewhere between those two price levels. We’ll continue that diagonal rally out of the open and there’s a trade opportunity to open a short position. That’s followed by a significant drop into a prominent trough that forms between 10:00 a.m. and 11:00 a.m. There’s an opportunity to open up a short position for a quick day trade. Around noon, there’s a speech that I’m advised should not be trusted. There’s a big move to the downside after that failed attempt to break through resistance. That decline will bring us into a trough around 12:15 p.m. or 12:20 p.m. There’s a big move to the upside that creates another crest. We’ll sell off from that crest around 1:00 p.m. There’s a trade opportunity to open a long position for a quick scalp trade. I would close that long position around 1:20 p.m. We’ll then have a sideways S-formation that forms within a channel between roughly 1:00 p.m. and 2:00 p.m. We’ll then have a failed attempt to break through key resistance. It’s likely the same resistance level that we failed to break through earlier in the day. There’s a lot of price change in the last hour. After that failed attempt to break through resistance, there’s a decline into a prominent low for the day. Toward the close, we’ll have a fast, sudden move to the upside to reach for a significant price level on a multi-day scale. We’ll have a high there followed by a breakdown through that same price level shortly thereafter. Sneak Preview On May 10th, we’ll open lower. There may be multiple failed attempts to break through key resistance around the open. #6ofSwords #7ofSwords #XVTheDevil #6ofWands #PrincessofWands #XIIIDeath #5ofSwords #10ofCups #QueenofCups #5ofCups #PrinceofSwords #3ofCups #QueenofWands #XXITheUniverse #KnightofWands #8ofSwords

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